Khan declined to sign for the fight and won’t fight for the rest of the year.

Schaefer would not give a reason for Khan’s withdrawal and would not talk about the Mayweather rumors either.

“I am saying [Alexander-Khan] is not happening and I’m going to be exploring some other opportunities for Amir,” Schaefer said. “That’s all I am prepared to say and I have nothing to say about Floyd Mayweather.

Alexander will have to take a much lower profile fight for a lot less money against Shawn Porter in San Antonio.